Local content propels pay TV

Original article by Jess Malcolm
The Australian – Page: 19 : 26-Apr-21

Foxtel’s chief commercial and content officer Amanda Laing has downplayed the need for local content rules to apply to streaming services. She says that locally-produced content already accounts for 50-70 per cent of the 10 most popular shows on Foxtel’s streaming platforms. Laing also notes that the Australian offices of overseas-based streaming providers are also actively commission local content. Fetch TV CEO Scott Lorson told the same virtual conference that YouTube is making "huge inroads" into the subscription TV market.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FETCHTV PTY LTD, YOUTUBE INCORPORATED

Foxtel can halve Australian drama production under new broadcasting bill

Original article by Amanda Meade
The Guardian Australia – Page: Online : 1-Apr-21

Screen Producers Australia CEO Matthew Deaner has questioned the federal government’s decision to slash Foxtel’s local drama quota in its new broadcasting bill. Foxtel is currently required to allocate 10 per cent of its drama budget to producing Australian content, but the bill will reduce this to five per cent. Greens senator Sarah Hanson-Young has accused the government of favouring its "Murdoch mates"; she has also criticised the bill for failing to impose local content quotas on streaming video providers such as Netflix.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, SCREEN PRODUCERS AUSTRALIA, AUSTRALIAN GREENS, NETFLIX INCORPORATED

Foxtel to open Kayo content

Original article by Lilly Vitorovich
The Australian – Page: 17 : 23-Oct-20

Foxtel CEO Patrick Delany has revealed that the pay-TV group’s Kayo streaming service will offer some content via a ‘freemium’ model from early 2021. Consumers will be able to access a range of Kayo content without a subscription, including some Supercars races. Foxtel recently secured a new five-year broadcasting rights deal for the Supercars championship.

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FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, SUPERCARS

Kayo climbs off canvas to hit new high

Original article by Max Mason
The Australian Financial Review – Page: 10 : 23-Sep-20

Foxtel CEO Patrick Delany says the pay-TV group now boasts nearly two million sports subscribers across its broadcast and streaming platforms. The Kayo Sports streaming service now has more than 600,000 subscribers, compared with 542,000 in early August. Kayo’s subscriber base fell to around 331,000 in May after the coronavirus pandemic forced major sports such as the Australian Football League and National Rugby League to temporarily put their 2020 seasons on hold.

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FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE

Foxtel to Binge on seismic change

Original article by Leo Shanahan
The Australian – Page: 19 : 18-May-20

Foxtel has yet to confirm speculation that its new entertainment-focused streaming service will be called Binge. Internally codenamed Project Ares, the new subscription video-on-demand service will debut on 25 May, featuring movies and full seasons of TV shows. It is expected to cost between $10 and $14 a month, while people who already use the Kayo Sports streaming service will be offered discounts and free trials. The new product is part of Foxtel’s shift in focus from traditional pay-TV to streaming services.

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FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS

Foxtel steals Stan’s thunder with HBO deal

Original article by Leo Shanahan
The Australian – Page: 13 & 17 : 7-May-20

Pay-TV group Foxtel has secured a new deal with WarnerMedia to retain the Australian rights for content from television networks such as HBO. Foxtel’s existing content deal was scheduled to expire in 2022, and streaming video provider Stan had also been in talks with WarnerMedia. Stan currently has the rights to some WarnerMedia content, but it will lose this later in 2020 due to the Foxtel deal.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, WARNERMEDIA, HBO, STAN ENTERTAINMENT PTY LTD

News Corp warns of hit to Foxtel, Kayo and real estate classifieds

Original article by Max Mason
The Australian Financial Review – Page: 17 : 15-Apr-20

News Corp expects to lose more Foxtel and Kayo Sports subscribers due to the impact of the coronavirus pandemic on live sports events. Foxtel’s broadcast and commercial subscriber base fell to 2.268 million in the December quarter, compared with 2.326 million in the September quarter, while its churn rate rose from 14.4 per cent to 16 per cent. Meanwhile, Kayo boasted 402,000 paid subscribers in early November, but this had fallen to around 370,000 by early February. News Corp also expects its property listings businesses in Australia and the US to be hit by the pandemic.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, REA GROUP LIMITED – ASX REA, MOVE INCORPORATED

Foxtel’s tough week as 200 jobs go

Original article by Leo Shanahan
The Australian – Page: 15 : 9-Apr-20

Pay-TV group Foxtel has responded to the coronavirus-induced downturn in advertising revenue by retrenching 200 employees. CEO Patrick Delany has told staff that the pandemic has forced the company to accelerate a "transformation" of its business due to digital disruption. A further 140 employees who work in its sports production division have been stood down until the end of June; Delaney notes that it is uncertain as to when live sporting events will resume. He adds that Foxtel is not eligible for the federal government’s JobKeeper wage subsidy scheme at present.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, KAYO SPORTS

Streaming lifts Foxtel’s sports subs to record

Original article by Max Mason
The Australian Financial Review – Page: 23 : 28-Feb-20

Foxtel CEO Patrick Delany has defended the pay-TV group’s Kayo Sports streaming service, after its subscriber base declined in the December quarter. He argues that four of the five major sports in Australia end their seasons in September, so Kayo can expect to have fewer subscribers in a period when cricket is the only major sport. The media group’s sports subscriber base has risen to a record level when measured across its traditional broadcast, Foxtel Now and Kayo services.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, FOXTEL NOW

News Corp underpaid super

Original article by Lilly Vitorovich
The Australian – Page: 19 : 25-Feb-20

News Corp Australia says that about 2,500 current and former employees have not received their correct superannuation entitlements due to payroll system errors. A spokesman says that most of the affected employees were underpaid by less than $250, and they are collectively owed around $1.5m. The underpayments were discovered during a review of News Corp’s super contributions, which also revealed some instances of wages being overpaid.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS